Should You Buy Cadence (CDNS) Stock Ahead of Q2 Earnings?

Cadence Design Systems, Inc (CDNS) is scheduled to release second-quarter 2024 results on Jul 22. The Zacks Consensus Estimate for second-quarter 2024 earnings has been unchanged in the past 60 days and is pegged at $1.23 per share. The consensus mark implies a marginal increase of 0.8$1.05 billion, suggesting a 7.4% uptick from the year-ago actual.CDNS Estimate Trend Image Source: Zacks Investment Researc ...